๐ช๐ต๐ฎ๐ ๐ถ๐ณ ๐๐ต๐ฒ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ผ๐ ๐ฐ๐น๐ถ๐ฐ๐ธ ๐ถ๐ ๐ป๐ผ๐ ๐๐ต๐ฒ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ผ๐ ๐ฎ๐ฐ๐๐๐ฎ๐น๐น๐ ๐ด๐ฒ๐? ๐๐ป๐๐ฒ๐ฟ ๐๐ถ๐ฑ-๐๐๐ธ ๐ฆ๐ฝ๐ฟ๐ฒ๐ฎ๐ฑ ๐ฎ๐ป๐ฑ ๐ฆ๐น๐ถ๐ฝ๐ฝ๐ฎ๐ด๐ฒ ๐โ๏ธ
๐๐ณ๐ข๐ธ๐ช๐ฏ๐จ ๐ง๐ณ๐ฐ๐ฎ ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ญ๐ฆ๐ด๐ด๐ฐ๐ฏ๐ด ๐ฐ๐ฏ #BinanceAcademy, ๐ฉ๐ฆ๐ณ๐ฆ ๐ช๐ด ๐บ๐ฐ๐ถ๐ณ ๐ฒ๐ถ๐ช๐ค๐ฌ ๐ด๐ฑ๐ณ๐ฆ๐ข๐ฅ ๐ข๐ฏ๐ฅ ๐ด๐ญ๐ช๐ฑ๐ฑ๐ข๐จ๐ฆ ๐ฃ๐ณ๐ฆ๐ข๐ฌ๐ฅ๐ฐ๐ธ๐ฏ:
1๏ธโฃ ๐ง๐ต๐ฒ ๐๐ถ๐ฑ-๐๐๐ธ ๐ฆ๐ฝ๐ฟ๐ฒ๐ฎ๐ฑ:
โข The gap between the highest bid and the lowest ask in the order book, liquid assets like Bitcoin usually show tighter spreads, thinner markets tend to be wider.
2๏ธโฃ ๐ช๐ต๐ฒ๐ฟ๐ฒ ๐ฆ๐น๐ถ๐ฝ๐ฝ๐ฎ๐ด๐ฒ ๐๐ผ๐บ๐ฒ๐ ๐๐ฟ๐ผ๐บ:
โข A large market order can eat through the best price and keep filling at the next levels, so a buy aimed at $100 may end up averaging above $100, with volatile or low-liquidity altcoins on DEXs it can sometimes exceed 10%.
3๏ธโฃ ๐๐ผ๐ ๐๐ผ ๐๐ฒ๐ฒ๐ฝ ๐๐ ๐ฆ๐บ๐ฎ๐น๐น:
โข Split big orders into smaller parts, check order book depth, use limit orders when price matters more than speed, on DEXs set a sensible slippage tolerance.
โ ๏ธ ๐ฅ๐ถ๐๐ธ ๐ก๐ผ๐๐ฒ:
A tolerance set too high may expose you to front-running bots, one set too low may leave your order unfilled, and network fees can add to your total cost.
Read the order book before you click, small gaps can add up ๐
๐ Learn more on Binance Academy: https://www.binance.com/en/academy/articles/bid-ask-spread-and-slippage-explained
Crypto involves risk, this is not financial advice, always DYOR ๐ก
#Slippage #OrderBook #CryptoTrading #CryptoEducation
Follow me for more ๐
๐๐ณ๐ข๐ธ๐ช๐ฏ๐จ ๐ง๐ณ๐ฐ๐ฎ ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ญ๐ฆ๐ด๐ด๐ฐ๐ฏ๐ด ๐ฐ๐ฏ #BinanceAcademy, ๐ฉ๐ฆ๐ณ๐ฆ ๐ช๐ด ๐บ๐ฐ๐ถ๐ณ ๐ฒ๐ถ๐ช๐ค๐ฌ ๐ด๐ฑ๐ณ๐ฆ๐ข๐ฅ ๐ข๐ฏ๐ฅ ๐ด๐ญ๐ช๐ฑ๐ฑ๐ข๐จ๐ฆ ๐ฃ๐ณ๐ฆ๐ข๐ฌ๐ฅ๐ฐ๐ธ๐ฏ:
1๏ธโฃ ๐ง๐ต๐ฒ ๐๐ถ๐ฑ-๐๐๐ธ ๐ฆ๐ฝ๐ฟ๐ฒ๐ฎ๐ฑ:
โข The gap between the highest bid and the lowest ask in the order book, liquid assets like Bitcoin usually show tighter spreads, thinner markets tend to be wider.
2๏ธโฃ ๐ช๐ต๐ฒ๐ฟ๐ฒ ๐ฆ๐น๐ถ๐ฝ๐ฝ๐ฎ๐ด๐ฒ ๐๐ผ๐บ๐ฒ๐ ๐๐ฟ๐ผ๐บ:
โข A large market order can eat through the best price and keep filling at the next levels, so a buy aimed at $100 may end up averaging above $100, with volatile or low-liquidity altcoins on DEXs it can sometimes exceed 10%.
3๏ธโฃ ๐๐ผ๐ ๐๐ผ ๐๐ฒ๐ฒ๐ฝ ๐๐ ๐ฆ๐บ๐ฎ๐น๐น:
โข Split big orders into smaller parts, check order book depth, use limit orders when price matters more than speed, on DEXs set a sensible slippage tolerance.
โ ๏ธ ๐ฅ๐ถ๐๐ธ ๐ก๐ผ๐๐ฒ:
A tolerance set too high may expose you to front-running bots, one set too low may leave your order unfilled, and network fees can add to your total cost.
Read the order book before you click, small gaps can add up ๐
๐ Learn more on Binance Academy: https://www.binance.com/en/academy/articles/bid-ask-spread-and-slippage-explained
Crypto involves risk, this is not financial advice, always DYOR ๐ก
#Slippage #OrderBook #CryptoTrading #CryptoEducation
Follow me for more ๐
